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A Goal Programming Model for Rescheduling of Generation Power in Deregulated Markets.
- Source :
- Annals of Operations Research; Apr2003, Vol. 120 Issue 1-4, p45-57, 13p, 2 Charts
- Publication Year :
- 2003
-
Abstract
- In deregulated electrical systems, production schedule for power plants is the result of an auction process. In the Spanish case, this schedule includes two main concepts: energy production (to be actually produced) and secondary reserve (to maintain available). The generation company faces the problem of converting energy schedule into a power schedule, respecting the reserve schedule as well as technical constraints, and trying to accomplish different goals: to minimise the production costs, to obtain smooth shapes for the power schedules and to optimise eventual compensation in schedules. A weighted goal mixed integer programming model with a real-size application to deal with this problem is presented. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 02545330
- Volume :
- 120
- Issue :
- 1-4
- Database :
- Complementary Index
- Journal :
- Annals of Operations Research
- Publication Type :
- Academic Journal
- Accession number :
- 18724034
- Full Text :
- https://doi.org/10.1023/A:1023366127386